About L1 Technologies Solutions Private Limited
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L1 Technologies Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of L1 Technologies Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2004PTC043680. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Annova Technologies Private Limited. It is led by directors including Chandrika Thatavarthy and Daniel Fredrick Galatro.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 53 #2 – 1 – 40/53 1st Floor Raj Nagar Colony Uppal, Hyderabad, Telangana, India – 500039.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.16 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹10.78 Lakh (net margin 9.3%) and EBITDA of ₹17.05 Lakh (EBITDA margin 14.7%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: L1 Technologies.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website l1technologies.com.
CIN History of L1 Technologies Solutions Private Limited
L1 Technologies Solutions has one previous CIN (Corporate Identification Number): U72200AP2004PTC043680. The current CIN is U72200TG2004PTC043680, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2004PTC043680 | Current |
| U72200AP2004PTC043680 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. 53 #2 – 1 – 40/53 1st Floor Raj Nagar Colony Uppal, Hyderabad, Telangana, India – 500039
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with L1 Technologies Solutions Private Limited
L1 Technologies Solutions operates one associated brand: L1 Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive database management and development services. | l1technologies.com |
Business Activity of L1 Technologies Solutions Private Limited
The main business activity of L1 Technologies Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of L1 Technologies Solutions Private Limited FY 2023 filings available
L1 Technologies Solutions Private Limited reported revenue of ₹1.16 Cr (down 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of L1 Technologies Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 9% fall in the latest year. EBITDA fell 13% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of L1 Technologies Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.16 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹17.05 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.78 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of L1 Technologies Solutions Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of L1 Technologies Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of L1 Technologies Solutions Private Limited
L1 Technologies Solutions has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrika Thatavarthy | Director | 08 Nov 2013 | 12 Years 11 Months | Current |
| Daniel Fredrick Galatro | Director | 06 Oct 2011 | 15 Years 0 Months | Current |
| Cassandra Nicole Huffman | Director | 06 Oct 2011 | 15 Years 0 Months | Current |
Peer Comparison of L1 Technologies Solutions Private Limited
L1 Technologies Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Proind Business Solutions Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Sainik Farm, Delhi, India |
| Axidio Technologies Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Industrial Quality Circle Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | 91.0% | •••• | Navi Mumbai, Maharashtra, India |
| SKT Web Themes Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Nagpur, Maharashtra, India |
| Aum Infotech Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | -34.0% | •••• | Bangalore, Karnataka, India |
| L1 Technologies Solutions Private Limited this company | ₹1.16 Cr (FY 2023) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| 7Hills Logistics Systems Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 6304.0% | •••• | Hyderabad, Telangana, India |
| Viren Fintech Private Limited | ₹1.16 Cr (FY 2024) | •••• | •••• | 6047.0% | •••• | Rohtak, Haryana, India |
| Ideas and Innovation Squared Technologies Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Thiruvananthapuram, Kerala, India |
| Outsourzing Worldwide Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| Netsity Systems Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below L1 Technologies Solutions by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of L1 Technologies Solutions Private Limited
L1 Technologies Solutions Private Limited is audited by Jayant & Sadashiv Chartered Accountants for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Jayant & Sadashiv Chartered Accountants | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of L1 Technologies Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of L1 Technologies Solutions Private Limited
L1 Technologies Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at L1 Technologies Solutions Private Limited
L1 Technologies Solutions Private Limited has a workforce of 20 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on L1 Technologies Solutions Private Limited
L1 Technologies Solutions Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Chandrika Thatavarthy was appointed as Director on 08 Nov 2013.
Credit Ratings, Litigation & Regulatory Alerts for L1 Technologies Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by L1 Technologies Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of L1 Technologies Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of L1 Technologies Solutions Private Limited
L1 Technologies Solutions has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of L1 Technologies Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about L1 Technologies Solutions Private Limited
L1 Technologies Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 July 2004 (22+ years old) and is registered under CIN U72200TG2004PTC043680.
L1 Technologies Solutions reported revenue of ₹1.16 Cr for FY 2023 (down 9% YoY).
L1 Technologies Solutions has 3 current directors:
- Chandrika Thatavarthy - Director
- Daniel Fredrick Galatro - Director
- Cassandra Nicole Huffman - Director
L1 Technologies Solutions reported a net profit of ₹10.78 Lakh (net margin 9.3%) and EBITDA of ₹17.05 Lakh (EBITDA margin 14.7%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of L1 Technologies Solutions is 6% over three years and -1% over five years. In the latest year (FY 2023) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
No. L1 Technologies Solutions has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of L1 Technologies Solutions is U72200TG2004PTC043680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L1 Technologies Solutions was incorporated on 19 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of L1 Technologies Solutions by revenue are Proind Business Solutions Private Limited, Axidio Technologies Private Limited, Industrial Quality Circle Private Limited, SKT Web Themes Private Limited, Aum Infotech Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Chandrika Thatavarthy was appointed as Director on 08 Nov 2013. Chandrika Thatavarthy ceased to be Additional Director on 08 Nov 2013. Santosh Nandi ceased to be Director on 30 Sep 2013. L1 Technologies Solutions has 7 board changes on record in total.
L1 Technologies Solutions can be reached through the website l1technologies.com. Its registered office is in Hyderabad, Telangana, India.